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Sobha Ivory, Business Bay

Sobha Ivory, Business Bay

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Business Bay, Dubai

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Strengths

Luxurious Amenities

Prime Location

Modern Architecture

Weakens

High Maintenance Costs

Limited Parking Space

Noise Levels

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Buildign Overview

Summary

  • Sobha Ivory is a stunning residential tower located in the heart of Business Bay, Dubai, a thriving business district and lifestyle hub.
  • Surrounded by picturesque views of the Burj Khalifa and the Dubai Canal, it sits close to major landmarks like Downtown Dubai and the Dubai Mall.
  • The building offers an ideal mix of luxury living and accessibility, with a blend of residential, commercial, and retail spaces.
  • Convenient public transportation options, including the Dubai Metro and various bus routes, make this tower easily accessible.

Properties Overview

  • Sobha Ivory comprises a range of apartments, including 1, 2, and 3-bedroom units designed for contemporary living.
  • Pricing for rental properties typically ranges between AED 80,000 to AED 200,000 annually, while sales prices for units fall between AED 1.1 million to AED 3 million.
  • The most sought-after units often feature spacious balconies and modern finishing, appealing to both families and professionals.

Market Trends

  • The real estate market in Business Bay has shown a steady increase in demand, with rental prices rising approximately 5% over the past year.
  • Sales trends indicate a growing interest from investors, particularly in high-end properties, with an estimated ROI of 6-8%.
  • Predictions for the future suggest continued growth in the Business Bay area, driven by infrastructure improvements and increased commercial activity.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Nearby supermarkets include Carrefour and Spinneys, ensuring convenient grocery shopping.
  • Reputable schools and educational institutions such as the German International School and Kids World Nursery are within a short drive.
  • Numerous healthcare facilities, including Mediclinic and Emirates Hospital, are easily accessible.

Transportation and Accessibility

  • The building is conveniently situated near the Business Bay Metro Station, enhancing connectivity across Dubai.
  • Ample parking spaces are available for residents and visitors, ensuring accessibility for car owners.
  • Easy road access to Sheikh Zayed Road allows residents to reach various parts of the city quickly.

Lifestyle Amenities

  • Sobha Ivory boasts a state-of-the-art gym, swimming pools, and landscaped gardens for fitness and relaxation.
  • Residents can enjoy an array of restaurants and cafes located within walking distance, adding to the vibrant community lifestyle.
  • Proximity to parks and leisure areas along the Dubai Canal offers opportunities for outdoor activities, jogging, and family outings.

Builing Facilities

  • The building features high-speed elevators, 24-hour security, and maintenance services to enhance residents' convenience.
  • Central air conditioning ensures a comfortable living environment throughout the year.
  • Sophisticated waste management systems and energy-efficient technologies are integrated into the building facilities.

Special Services

  • Concierge services and guest management ensure a hassle-free living experience.
  • Business centers equipped with modern technology provide a professional environment for residents who work from home.
  • Unique amenities, such as a children's play area and community lounge, foster a connected neighborhood atmosphere.

Planning Your Move or Investment

Floor Plans and Property Types

  • A range of floor plans is available, catering to various lifestyle preferences, from compact one-bedroom units to expansive three-bedroom apartments.
  • Customization options for interiors may be available for potential buyers, offering flexibility in design.

Things to Consider

  • Evaluate your budget, desired living space, and preferences for amenities before making a decision.
  • Research the property management history to assess the building's maintenance and community atmosphere.

Useful FAQs and Support

Events and Building Life

Building Events

  • Residents often partake in community events, social gatherings, and seasonal celebrations fostered by the building management.
  • Regular activities, such as fitness classes and family days, create an engaging community environment.

Community Identity

  • Sobha Ivory is distinguished by its modern architectural design and luxurious lifestyle offerings.
  • Cultural events and art exhibitions frequently occur within the neighborhood, enhancing the community's vibrancy.

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Detailed Buiding Insights

1. Family Friendliness

The community provides numerous family-friendly amenities, such as parks, playgrounds, and educational institutions nearby, making it an inviting environment for families with children.

Welcoming and Supportive

2. Living Options

Sobha Ivory offers a range of modern living spaces, including luxury apartments and multi-bedroom units, catering to different preferences and budgets.

Diverse and Contemporary

3. Safety And Security

The community boasts high security with 24/7 surveillance, gated access, and security personnel, ensuring residents feel safe and protected at all times.

Very Secure

4. Transportation

Well-connected with public transport options, including metro stations and bus routes, and easy access to major highways, residents enjoy a hassle-free commute.

Highly Convenient

5. Amenities And Facilities

The community features an extensive range of amenities, including gyms, swimming pools, retail spaces, and dining options, enhancing the lifestyle of its residents.

Richly Equipped

6. Cost Of Living

While the cost of living may be higher compared to some other areas in the city, the quality of life and amenities offered justifies the expense.

Moderately High

7. Things To Do

The vicinity offers a wide range of activities, from cultural attractions and shopping malls to recreational spots, ensuring there is always something to do.

Vibrantly Diverse

8. Noise Levels

Although centrally located, the community maintains relatively low noise levels due to effective sound insulation and landscaping, creating a serene living environment.

Generally Peaceful

9. Pet Friendliness

The community features pet parks and pet-friendly policies, making it an excellent choice for pet owners looking for a welcoming neighborhood.

Accommodating and Pet-Friendly

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Key Information

Developer: Sobha Real Estate LLC

Building Type: Commercial

Building Age: 14 years(completed in 2010)

Unit Types : Offices and shops

Floors: 13+ 3P + G

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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